7959 Bright Whittier, CA $ 3,800,000
7959 Bright
$ 3,800,000
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7959 Bright

Whittier, CA, 90602
$ 3,800,000
Baths1.0 Sq 12,701

Monthly Estimate*

$ 23,397

Listed by RE/MAX 2000 REALTY
7959 Bright, Whittier, CA 90602 - Image 1
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7959 Bright, Whittier, CA 90602 - Image 9
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Studio

Multi-Family Home for sale in Whittier, CA

for $3,800,000 with 1 full bath. This 12,701 square foot home was built in 1984 on a lot size of 0.4559.

We are pleased to offer for sale this exceptional opportunity to acquire an 11-unit apartment community in prime North Whittier, built in 1984 and featuring large, oversized units on an expansive 19,859 sq. ft. lot. The property offers 12,700 rentable square feet with a highly desirable unit mix consisting of seven 2-Bed/2-Bath + Office units, three 2-Bed/2-Bath units, and one 2-Bed/1.25-Bath unit, providing spacious layouts that appeal to tenants. Residents enjoy a gated private entry, lush landscaped courtyard, and the convenience of onsite garage and covered parking with two or more spaces per unit. Additional amenities include private patios or balconies and an onsite laundry facility, enhancing tenant comfort and retention. The property currently operates at a 5.7% CAP Rate and 12 GRM with excellent in-place rental rates and room for future increases, presenting investors with both stable income and continued growth potential. Situated in a highly desirable North Whittier location, this well-maintained asset offers strong rental demand and long-term investment appeal.

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Multi-Family Active

Price

$ 3,800,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4559

Year Built

1984

Town/City

Whittier

County/Region

Los Angeles

MLS | Web ID

CV26055922

Days on Market

2

Features
General
Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Flat
Zoning WHR3*
HOA Fee 0
Garage Spaces 7
Pool Features None
Year Built 1984
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 314700
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 217604
Operating Expense 87655
Insurance Expense 6870
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 8250
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions East of Greenleaf Ave. South of Mar Vista St.
City Whittier
Entry Location 1
Senior Community Y/N false
Number Of Units Total 11
MLS Area 670 - Whittier
Lot Size Units Square Feet
Lot Size Square Feet 19859
Carport Spaces 13
Carport Y/N true
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1200
Current Financing None
Fuel Expense 5200
Trash Expense 5140
Water Sewer Expense 14212
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 8141
Property Sub Type Additional Apartment
Taxes 44583
Cap Rate 6.77
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Wrought Iron
Parking Features Assigned Carport Door-Single Garage
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 20
Lot Size Area 19859
Number of Buildings 1
Spa false
Building Area Total 12701
Lot Size Acres 0.4559
Road Surface Type Alley Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 12
Number of Separate Electric Meters 12
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* Excluded Features
List By
Re/Max 2000 Realty

Broker

kris@theapartmentdealer.com

Email

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$23,397
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$23,397
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2026$3,800,000 Listed Price

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7959 Bright, Whittier, CA, 90602 is a Multi-Family Home for sale at $3,800,000 with 12,701 sqft and a lot size of 0.4559. 7959 Bright is a studio with 1.0 baths and was built in 1984. The property's zip code is 90602 which is in Whittier, CA